Agora
Posts in Economy
The euro debate Greece is not having
You may be amongst those who are not convinced of the devastating effect that the policy mix and pace of fiscal contraction in Greece is having on society. If so, you may subscribe to the official line trotted out by the country’s lenders that the program is helping the country regain competitiveness and the economy fix its external imbalances.
Contributor: Yiannis Mouzakis
Categories: Europe (293), Economy (345), Greece (523)
Credit origination and transmission: Are Greek banks part of the problem or the solution?
The twin challenge in Greece’s financial sector remains the liquidity position of banks and their lending capacity to the real economy. Any assumption of a quick return to normality and business as usual are premature.
Contributor: Jens Bastian
Categories: Economy (345), Greece (523)
When will Greek banks operate as credit institutions again?
Despite the successful recapitalisation process and continued restructuring of the Greek banking sector, the credit transmission mechanism towards the real economy remains severely impaired. Two key reasons account for this severe deficit.
Contributor: Jens Bastian
Categories: Europe (293), Economy (345), Greece (523)
![Photo by Can Esenbel [www.mundanepleasure.com]](resources/toolip/img-thumb/2013/10/21/airplaneedit_800_esenbel_2110-large.jpg "Photo by Can Esenbel [www.mundanepleasure.com]")
Ladies and gentlemen, please fasten your seat belts
Earlier this year, Prime Minister Antonis Samaras held an informal dinner with some of his party’s MPs. He reportedly told them that if Greece would be able to get through a tough summer, it would “take off” in September. We are now nearing the end of October and there has been no departure for the skies. Instead, Samaras is bracing for impact.
Contributor: Nick Malkoutzis
Categories: Europe (293), Politics (410), Economy (345), Greece (523)
![Photo by Can Esenbel [www.mundanepleasure.com]](resources/toolip/img-thumb/2013/10/10/blue_esenbel_800_1010-large.jpg "Photo by Can Esenbel [www.mundanepleasure.com]")
It remains a mystery
The Wall Street Journal leaked this week the minutes of an International Monetary Fund board meeting in May, 2010, just a few days before Greece signed its first bailout. The extracts reveal that there was serious concern among about a third of the country representatives, who raised serious objections about the Greek programme.
Contributor: Yiannis Mouzakis
Categories: Europe (293), Economy (345), Greece (523)